Direct Loan Canada Blog

The risk of inflation becoming entrenched in Canada’s economy is growing, say analysts, as surging prices for gas and other highly visible consumer items undercut efforts by the Bank of Canada to keep expectations for price increases in check.
Source: ctv business
High inflation expectations raise stakes for Bank of Canada ahead of CPI data

Germany’s economy minister said Sunday that the country will limit the use of gas for electricity production amid concerns about possible shortages caused by a reduction in supplies from Russia.
Source: ctv business
Germany to limit use of gas for electricity production

Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin Saturday, a union said, joining a growing push across U.S. retail, service and tech industries to organize for greater workplace protections.
Source: ctv business
Union: Apple workers at Maryland store vote 2-1 to organize

As part of a deal with Heinz, Wonder says it will soon sell hot dog buns in packs of 10 in an effort to address the longstanding mismatch with wieners.
Source: ctv business
Heinz, Wonder partner to end hot dog bun, wiener mismatch

As the cryptocurrency market continues to come crashing down, experts say it underscores a need for stronger consumer protection.
Source: ctv business
How the crypto market came crashing down

Parcel shipping costs have drastically jumped over the last few years and it’s eating into business profit margins.
Source: ctv business
Postal woes: Calgary business owner questions ‘ridiculous’ shipping costs

Thousands of people marched through central London on Saturday in a protest over the soaring cost of living in Britain.
Source: ctv business
Big crowds take to London streets to protest soaring costs

Experts say couples in the midst of a divorce are being hit particularly hard by the swift decline in Canadian home prices, rising borrowing rates and the skyrocketing cost of living.
Source: ctv business
Divorcing couples challenged by declining home prices, rising interest rates: experts

The price of bitcoin fell below US$20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening.
Source: ctv business
Bitcoin drops below US,000 as crypto selloff quickens

SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports.
Source: ctv business
SpaceX reported to fire employees critical of CEO Elon Musk